The New Jersey Application For Extension Or Early Termination of Loss Mitigation Period is a document used by New Jersey homeowners facing foreclosure to apply for an extension of the state's loss mitigation period or for an early termination of the loss mitigation period. The loss mitigation period is a period of time during which a homeowner can pursue options to avoid foreclosure, such as a loan modification or repayment plan. There are two types of New Jersey Application For Extension Or Early Termination of Loss Mitigation Period. The first is the Application for Extension of Loss Mitigation Period, which requests an extension of the existing loss mitigation period. The second is the Application for Early Termination of Loss Mitigation Period, which requests an early termination of the loss mitigation period. Both applications require the homeowner to provide detailed information about their financial situation, including income, expenses, assets, and debts.